Active TopicsActive Topics  Display List of Forum MembersMemberlist  CalendarCalendar  Search The ForumSearch  HelpHelp
  RegisterRegister  LoginLogin

Stock Synopsis
 The Equity Desk Forum :Investment Ideas - Creating winning portfolios! :Stock Synopsis
Message Icon Topic: Lessons from January 2008: Udayan Mukherjee Post Reply Post New Topic
<< Prev Page  of 3
Author Message
jain208
Senior Member
Senior Member
Avatar

Joined: 13/Feb/2008
Location: United Kingdom
Online Status: Offline
Posts: 626
Quote jain208 Replybullet Posted: 10/Oct/2008 at 7:28pm
Originally posted by shivkumar

Udayan is the guy who said in January that he'd put half his money on stocks if his employers allowed him to. Now again he is flowing the with the tide.


I am not defending him, but at that time everybody was thinking that the fall was temporary and just a correction... Even on TED members were recommending "safe" stocks with strong earnings visibility and trading at just 10-15 times FYXX Earnings....
=======================================
The more it changes, the more it’s the same thing.
IP IP Logged
master
Senior Member
Senior Member
Avatar

Joined: 06/May/2008
Online Status: Offline
Posts: 831
Quote master Replybullet Posted: 10/Oct/2008 at 7:37pm
Most of what he's saying is in line with the macro trend. His take on corpoarte earnings, "While GDP growth will fall, I think the pace at which earnings might fall could be even more dramatic than GDP growth"
 
It looks generalistic in nature - i don't think we can broad-brush it, level of impact on earnings is a stock-specific call. But what is obvious is high PE stocks offering low margin of safety will come out heavily bruised out of this run.
 
 
Someone’s sitting in shade today because someone planted a tree long time ago.
IP IP Logged
<< Prev Page  of 3
Post Reply Post New Topic
Printable version Printable version

Forum Jump
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot delete your posts in this forum
You cannot edit your posts in this forum
You cannot create polls in this forum
You cannot vote in polls in this forum



This page was generated in 0.141 seconds.
Bookmark this Page